A Comprehensive historical analysis of Global Agrigenomics Market has thoroughly analyzed in this report. It offers data and insights from 2019-2022, and provides extensive market forecasts from 2021-2030 by region/country and subsectors. It covers the price, sales volume, revenue, historical growth, gross margin, and future outlooks for the Agrigenomics market.
The Global Agrigenomics Market is anticipated to reach USD 7.30 Billion by 2030, at a CAGR of 9.3% during the predicted period from 2021 to 2030.
What is Agrigenomics?
Agrigenomics refers to the study of the genetic makeup of plants and animals used in agriculture. By decoding DNA sequences, scientists and agricultural professionals can make informed decisions about crop breeding, livestock improvement, disease resistance, and trait selection. This results in more productive, resilient, and profitable farming practices.
Market Drivers
🌱 1. Rising Demand for Food Security
With the global population expected to reach nearly 10 billion by 2050, there’s an urgent need for smarter and more efficient farming. Agrigenomics provides the tools to breed high-yield, pest-resistant crops and livestock, ensuring sustainable food production.
🧬 2. Technological Breakthroughs
Next-generation sequencing (NGS), CRISPR gene editing, and DNA microarrays are revolutionizing the way genomics is applied in agriculture. These innovations reduce the time and cost required for genomic analysis, making agrigenomics more accessible and scalable.
🌾 3. Precision Agriculture & Sustainability
Governments and private sectors are increasingly investing in precision agriculture tools. By leveraging genetic insights, farmers can optimize water use, reduce pesticide dependency, and minimize crop loss, contributing to eco-friendly farming.
Key Players in the Agrigenomics Market
Leading companies shaping the industry include:
Illumina Inc.
Thermo Fisher Scientific
Eurofins Scientific
Agilent Technologies
Zoetis Inc.
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Key Applications of Agrigenomics
Crop Breeding: Identification of drought- and disease-resistant genes in crops like maize, wheat, and rice.
Livestock Genomics: Enhancing traits in animals such as milk yield, meat quality, and disease immunity.
Soil and Microbiome Analysis: Understanding plant-soil-microbe interactions to boost fertility and yield.
Biotechnology Research: Supporting GMO development and regulatory compliance testing.
Regional Insights
North America remains a leader in agrigenomics adoption, driven by advanced infrastructure and heavy R&D investments.
Asia-Pacific is witnessing the fastest growth due to expanding agricultural biotechnology sectors in China, India, and Japan.
Europe shows strong potential thanks to favorable regulations around genetic research and sustainability mandates.
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In February 2021, Thermo Fisher Scientific Inc. purchased cell sorting technology from Propel Labs, a wholly owned subsidiary of SIDIS Corp. Thermo Fisher intends to expand its cell analysis and cell medical intervention research businesses by combining flow cytometry expertise, R&D capabilities, and engineering capability.
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Challenges
Despite its promise, the market faces challenges such as:
Ethical concerns around genetic modification
High costs of sequencing technologies
Data privacy and regulatory compliance
Future Outlook
The global agrigenomics market is set to thrive as farming transitions from traditional methods to data-driven strategies. With continued investment, policy support, and scientific breakthroughs, agrigenomics will play a central role in feeding the world sustainably.
Conclusion:
The integration of genomics into agriculture isn't just a technological upgrade—it’s a paradigm shift. Agrigenomics is empowering a new generation of farmers, breeders, and scientists to tackle global agricultural challenges head-on. As market dynamics evolve, stakeholders who invest in this transformative domain stand to gain not only economic returns but also play a pivotal role in global food resilience.
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